STAND. COM. REP. NO.  887

Honolulu, Hawaii

                , 2017

RE:   H.B. No. 911

      H.D. 1

Honorable Joseph M. Souki

Speaker, House of Representatives

Twenty-Ninth State Legislature

Regular Session of 2017

State of Hawaii

Sir:

     Your Committee on Finance, to which was referred H.B. No. 911, H.D. 1, entitled:

"A BILL FOR AN ACT RELATING TO THE HIGH TECHNOLOGY DEVELOPMENT CORPORATION,"

begs leave to report as follows:

The purpose of this measure is to require the High Technology Development Corporation (HTDC) to establish and administer a high technology shared equipment program to facilitate a network that enables technology companies to share high technology equipment or rent equipment held by HTDC.  This measure also appropriates funds into the High Technology Special Fund for the implementation and administration of the program.

An individual testified in support of this measure.  The Department of Budget and Finance and HTDC commented on this measure.

     As affirmed by the record of votes of the members of your Committee on Finance that is attached to this report, your Committee is in accord with the intent and purpose of H.B. No. 911, H.D. 1, and recommends that it pass Third Reading.

Respectfully submitted on behalf of the members of the Committee on Finance,

____________________________

SYLVIA LUKE, Chair